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Nonprofit · EIN 61-1163112

LAFAYETTE BAND ASSOCIATION

Tax-exempt · LEXINGTON, KY 40591

Financials

$523K$553K2022$542K$578K2023$748K$699K2024
Revenue Expenses · by fiscal year end
Financials of LAFAYETTE BAND ASSOCIATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
May 31, 2025990$747,711$698,903$48,808$159,662$2,730$156,932
May 31, 2024990$541,970$577,745-$35,775$125,019$16,895$108,124
May 31, 2023990$522,815$553,113-$30,298$151,415$7,516$143,899
Financial details: 990 for the year ended May 31, 2025

Revenue

Contributions, gifts and grants
$244,972
Program service revenue
$178,537
Investment income
$1,578
Net income from fundraising events
$153,154
Net income from gaming
$169,470
Other revenue
$322,624

Expenses

Grants and similar amounts paid
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Accounting fees
$2,207
Depreciation
$9,814
Program services (functional)
$676,402
Management and general (functional)
$22,501

Balance sheet and other

Total assets, start of year
$125,019
Total assets, end of year
$159,662
Total liabilities, end of year
$2,730
Net assets, end of year
$156,932
Net assets without donor restrictions
$156,932
Gross receipts
$2,659,273
Employees
0
Year formed
1959
State of legal domicile
KY

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended May 31, 2025, highest compensation first.

NameTitleHours / weekCompensation
MARGARET GRIMMPRESIDENT
Trustee or director, Officer
–$0
BRITTANY KOENIGSECRETARY
Trustee or director, Officer
–$0
ERIN THOMASVICE PRESIDE
Trustee or director, Officer
–$0
SARAH HILLARDVICE PRESIDE
Trustee or director, Officer
–$0
JOSEPH SOSBYTREASURER
Trustee or director, Officer
–$0
OTIS SINGLETONASST. TREASU
Trustee or director, Officer
–$0
JUILE BECKDIRECTOR
Trustee or director
–$0
EMILY TILETTDIRECTOR
Trustee or director
–$0
MATT BECKDIRECTOR
Trustee or director
–$0
KAYLA THOMASDIRECTOR
Trustee or director
–$0
JACI REYNOLDSDIRECTOR
Trustee or director
–$0
BRAD MORRISDIRECTOR
Trustee or director
–$0
KYLIE WHIPPLEDIRECTOR
Trustee or director
–$0
990 for the year ended May 31, 2024: 14 people
NameTitleHours / weekCompensation
BENJAMIN ALLENPRESIDENT
Trustee or director, Officer
–$0
BRITTANY KOENIGSECRETARY
Trustee or director, Officer
–$0
ERIN THOMASVICE PRESIDE
Trustee or director, Officer
–$0
SARAH HILLARDVICE PRESIDE
Trustee or director, Officer
–$0
JOSEPH SOSBYTREASURER
Trustee or director, Officer
–$0
OTIS SINGLETONASST. TREASU
Trustee or director, Officer
–$0
CINDY STANKIEWICZASST. TREASU
Trustee or director, Officer
–$0
JENNIFER ALLENDIRECTOR
Trustee or director
–$0
KIM VONODIRECTOR
Trustee or director
–$0
MATT BECKDIRECTOR
Trustee or director
–$0
BRAD MORRISDIRECTOR
Trustee or director
–$0
KELLY PADGETTDIRECTOR
Trustee or director
–$0
KAYLA THOMASDIRECTOR
Trustee or director
–$0
JAMIE VONODIRECTOR
Trustee or director
–$0
990 for the year ended May 31, 2023: 14 people
NameTitleHours / weekCompensation
BENJAMIN ALLENPRESIDENT
Trustee or director, Officer
–$0
ERYN ARNOLDSECRETARY
Trustee or director, Officer
–$0
JOSEPH SOSBYTREASURER
Trustee or director, Officer
–$0
JULIE BECKASST. TREASU
Trustee or director, Officer
–$0
KAYLA THOMASASST. TREASU
Trustee or director, Officer
–$0
JENNIFER ALLENDIRECTOR
Trustee or director
–$0
JULIE HOFFMANNDIRECTOR
Trustee or director
–$0
PENNY CHRISTIANVICE PRESIDE
Trustee or director, Officer
–$0
JENNIFER STEWARTVICE PRESIDE
Trustee or director, Officer
–$0
KIM VONODIRECTOR
Trustee or director
–$0
MATT BECKDIRECTOR
Trustee or director
–$0
ERIN THOMASDIRECTOR
Trustee or director
–$0
BRAD MORRISDIRECTOR
Trustee or director
–$0
KELLY PADGETTDIRECTOR
Trustee or director
–$0

Address and contacts

Address (IRS master file)
PO BOX 910450, LEXINGTON, KY 40591-0450
In care of
% TIM WALDEN
Principal officer (990 for 2024)
JOSEPH SOSBY, 423 WESTERFIELD WAY, LEXINGTON, KY 40503
Signed the 990
JOSEPH SOSBY, TREASURER
Phone
(859) 276-3573
Return prepared by
LEGACY CONSULTING GROUP LLC

Mission

THE PURPOSE OF THE ORGANIZATION IS TO LEND SUPPORT, BOTH MORAL AND FINANCIAL, TO THE LAFAYETTE HIGH SCHOOL BAND PROGRAM.TO COOPERATE WITH THE BAND DIRECTORS IN ORDER TO PRODUCE THE HIGHEST DEGREE OF PERFORMANCE.

990 for the year ended May 31, 2025

Program accomplishments

  • THE ORGANIZATION PROVIDES UNIFORMS AND EQUIPMENT FOR THE MEMBERS IN THE HIGH SCHOOL BAND. IT ALSO PROVIDES FOR TRAVEL EXPENSES FOR THE BAND'S PARTICIPATION IN LOCAL AND NATIONAL COMPETITIONS AS WELL AS OTHER SUPPORT SERVICES.
    Expenses $676,402

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in May, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025May 31, 2026October 15, 2026Not on file
2024May 31, 2025October 15, 2025990 on file
2023May 31, 2024October 15, 2024990 on file

IRS record

EIN
61-1163112
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (509(a)(2))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1990
Accounting year ends
May
Files
Form 990 or 990-EZ
Assets (IRS master file)
$159,662
Income (IRS master file)
$2,659,273

Filing history

FormYear endedRevenueExpensesAssetsReturn
990May 2025$747,711$698,903$159,662XML
990May 2024$541,970$577,745$125,019XML
990May 2023$522,815$553,113$151,415XML
990May 2022$419,939$358,061$190,820IRS
990May 2021–––IRS
990May 2020–––IRS
990May 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 61-1163112).

Questions about LAFAYETTE BAND ASSOCIATION

What is the EIN of LAFAYETTE BAND ASSOCIATION?
The employer identification number (EIN) of LAFAYETTE BAND ASSOCIATION is 61-1163112.
Is LAFAYETTE BAND ASSOCIATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1990.
Are donations to LAFAYETTE BAND ASSOCIATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does LAFAYETTE BAND ASSOCIATION file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of LAFAYETTE BAND ASSOCIATION due?
The return for tax year 2025 (the year ending May 31, 2026) is due October 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did LAFAYETTE BAND ASSOCIATION last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended May 2025.
Who is the principal officer of LAFAYETTE BAND ASSOCIATION?
The 990 for the year ended May 31, 2025 names JOSEPH SOSBY.
Who are the officers and directors of LAFAYETTE BAND ASSOCIATION?
The 990 for the year ended May 31, 2025 lists 13 people; 0 received compensation from the organization.
How much revenue does LAFAYETTE BAND ASSOCIATION have?
On its 990 for the year ended May 31, 2025 it reported revenue of $747,711, expenses of $698,903 and total assets of $159,662 at year end.

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